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Dejour Builds Piceance Tie-In Facility; Preps for Completion

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Dejour Builds Piceance Tie-In Facility; Preps for Completion

Dejour Energy Inc. has signed contracts for access to gas infrastructure through the major gas aggregator in the eastern Piceance region.

Construction of the metering station and tie-in to Dejour’s production facility will commence immediately. Once the tie in is completed, well completions will be commenced with Haliburton performing the hydraulic fracturing. Following the completion work, the wells will be put into production.

The Company operates this Kokopelli project and enjoys a 72% WI in the entire acreage, with an average 93% gross WI in the initial four wells, subject to a previously announced production sharing agreement with a Denver based drilling fund.

With the realization of firmer gas prices to date in 2013 and increased deeper drilling activity in the Basin, Dejour is now…

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